viii, 204 pages : 23 cm

Includes bibliographical references and index

Ch. I. Introduction & the Economy. The Economy. Circular Flow of Economic Activity. The Economy, the Market and Externalities. The Concept of Market Failure. Several Preliminary Points to Note Regarding the Economy -- Ch. II. The Natural System. Matter and Energy Exchange. Cycling of Matter. Limiting Factors. Biotic Interactions as Limiting Factors. Species Diversity. Succession. Stability of Ecosystems. Ecosystem Response to Disturbance. Relating Nature to the Economy -- Ch. III. The State. Cooperation and Conflict. Stages of Choice. The Integration of the Natural System, the Economy, and the State -- Ch. IV. The Economics of Natural Resources. The Economics of Depletable Resources. The Economics of Renewable Resources -- Ch. V. Environmental Economic Remedies. Example for Chapter V. Why Environmental Problems Arise. Opportunity Costs of Pollution Abatement. Environmental Economics: Overview of the Conventional Remedies

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